Five charts to start your day

The summer lul is over. People are back to work. And market news seems to have lit up over the past week. My inbox has been bombarded with news and charts. Here is five of my favourites from yesterday.

As always, the first one is free, and the rest can be viewed if you are a paid subscriber.

Here's what is coming:

1. Once again, Nvidia is defying expectations in its latest quarterly report

2. Either Americans are getting richer or inflation is eroding the minimum wage

3. Shockingly, life expectancy in the US is now in decline

4. China's ageing population is set to place an ever increasing burden on its younger population

5. Rising mortgage costs in the US have seen interest payments on repayment mortgages skyrocket in this visual

Further, do let's begin

1. Once again, Nvidia is defying expectations in its latest quarterly report

Source: appeconomyinsights

Here are some of the reasons why Nvidia is defying expectations in its latest quarterly report:

• Growth in the data center market: Nvidia's data center business is growing rapidly, driven by demand for its GPUs for artificial intelligence and machine learning applications and is now the company’s largest source of revenue ($10.3bn, up 141% quarter-on-quarter).

• Strong demand for its graphics cards: Nvidia's graphics cards are in high demand for gaming, cryptocurrency mining, and artificial intelligence.

• Expansion into new markets: Nvidia is expanding into new markets, such as automotive and self-driving cars.

• Acquisitions: Nvidia has made several acquisitions in recent years, which has helped it to expand its product portfolio and reach new markets.